New Article at Your Insurance Advisor - Annuities: What is a Fixed Annuity?

A fixed annuity is a type of annuity that guarantees the purchaser or annuity buyer a fixed interest rate of return. This type of annuity is generally the safest type of annuity a consumer can purchase and this type of annuity works best for the majority of annuity buyers. Since consumers buy an annuity for security purposes, not for the investment potential, care should be taken to ensure that the annuity is purchased from a reputable source. Even though a fixed annuity is purchased for safety, given the way the market has been performing lately, a fixed annuity can provide a very effective alternative to other investment products.

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